Why is the APR so high?

By Leoat 2014-08-23 02:08:11

Answers

An APR causes a lot of confusion. Legally it has to be shown on the loan but it is a figure that is based on the loan lasting a twelve month period, where most payday loans are over one month. When you get the loan quote, it will tell you in pounds exactly how much extra money you are paying.

By Cred24, 2014-08-23 02:08:19

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